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RF Industries (RF Industries) Cyclically Adjusted PB Ratio : 0.77 (As of Apr. 27, 2024)


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What is RF Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-27), RF Industries's current share price is $2.94. RF Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $3.80. RF Industries's Cyclically Adjusted PB Ratio for today is 0.77.

The historical rank and industry rank for RF Industries's Cyclically Adjusted PB Ratio or its related term are showing as below:

RFIL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.58   Max: 5.26
Current: 0.79

During the past years, RF Industries's highest Cyclically Adjusted PB Ratio was 5.26. The lowest was 0.49. And the median was 1.58.

RFIL's Cyclically Adjusted PB Ratio is ranked better than
79.4% of 1995 companies
in the Industrial Products industry
Industry Median: 1.73 vs RFIL: 0.79

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

RF Industries's adjusted book value per share data for the three months ended in Jan. 2024 was $3.683. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $3.80 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RF Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RF Industries's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RF Industries Cyclically Adjusted PB Ratio Chart

RF Industries Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 1.35 2.24 1.46 0.77

RF Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 1.07 0.99 0.77 0.81

Competitive Comparison of RF Industries's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, RF Industries's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RF Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RF Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where RF Industries's Cyclically Adjusted PB Ratio falls into.



RF Industries Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

RF Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.94/3.8
=0.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RF Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, RF Industries's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=3.683/129.4194*129.4194
=3.683

Current CPI (Jan. 2024) = 129.4194.

RF Industries Quarterly Data

Book Value per Share CPI Adj_Book
201404 3.157 100.023 4.085
201407 3.140 100.520 4.043
201410 3.132 100.176 4.046
201501 3.109 98.604 4.081
201504 3.098 99.824 4.016
201507 3.062 100.691 3.936
201510 3.026 100.346 3.903
201601 2.922 99.957 3.783
201604 2.842 100.947 3.644
201607 2.778 101.524 3.541
201610 2.421 101.988 3.072
201701 2.382 102.456 3.009
201704 2.377 103.167 2.982
201707 2.384 103.278 2.987
201710 2.406 104.070 2.992
201801 2.435 104.578 3.013
201804 2.754 105.708 3.372
201807 2.956 106.324 3.598
201810 2.990 106.695 3.627
201901 3.066 106.200 3.736
201904 3.169 107.818 3.804
201907 3.262 108.250 3.900
201910 3.332 108.577 3.972
202001 3.278 108.841 3.898
202004 3.248 108.173 3.886
202007 3.254 109.318 3.852
202010 3.267 109.861 3.849
202101 3.228 110.364 3.785
202104 3.724 112.673 4.277
202107 3.852 115.183 4.328
202110 3.937 116.696 4.366
202201 3.908 118.619 4.264
202204 3.971 121.978 4.213
202207 4.059 125.002 4.202
202210 4.108 125.734 4.228
202301 3.984 126.223 4.085
202304 4.063 127.992 4.108
202307 3.927 128.974 3.941
202310 3.844 129.810 3.832
202401 3.683 129.419 3.683

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


RF Industries  (NAS:RFIL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


RF Industries Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of RF Industries's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


RF Industries (RF Industries) Business Description

Traded in Other Exchanges
Address
7610 Miramar Road, Building 6000, San Diego, CA, USA, 92126-4202
RF Industries Ltd is engaged in the design, manufacture, and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. The company operates through two segments: RF Connector and Cable Assembly, which consists of the Connector and Cable Assembly Division, and Custom Cabling Manufacturing and Assembly, which consists of its subsidiaries. The company has operations in the United States, Canada, Israel, and Mexico.
Executives
Robert D Dawson officer: President and CEO 7610 MIRAMAR RD., BLDG. 6000, SAN DIEGO CA 92126
Mark Holdsworth director 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
Kay Lee Tidwell director C/O HUDSON PACIFIC PROPERTIES, INC., 11601 WILSHIRE BLVD. SUITE 1600, LOS ANGELES CA 90025
Jason Cohenour director 47669 FREMONT BLVD, FREMONT CA 94538
Ray Michael Bibisi officer: Chief Operating Officer 7610 MIRAMAR RD, BLDG 6000, SAN DIEGO CA 92126
Sheryl Lynn Cefali director 7610 MIRAMAR RD, BLDG 6000, SAN DIEGO CA 92126
Edward Joseph Benoit director 7610 MIRAMAR ROAD, BUILDING 6000, SAN DIEGO CA 92126
Marvin Fink director 7610 MIRAMAR RD., SAN DIEGO CA 92126
Howard F Hill officer: President, CEO 7610 MIRAMAR RD, SUITE 6000, SAN DIEGO CA 92126-4202
Peter Yin officer: Chief Financial Officer 7610 MIRAMAR ROAD, SUITE 6000, SAN DIEGO CA 92126
Gerald T Garland director
Mark Turfler officer: Acting Chief Financial Officer 7610 MIRAMAR ROAD, BUILDING 6000, SAN DIEGO CA 92126
William Reynolds director 7610 MIRAMAR ROAD, BLDG. 6000, SAN DIEGO CA 92126
Johnny Carl Walker officer: President 2217 RAVINIA DRIVE, ARLINGTON TX 76012
James Doss officer: Chief Financial Officer 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512